BUZZ-AES rises on report of bids for its Brazil power unit

Reuters04-30

** Shares of utility firm AES up 1.4% at $17.45

** TotalEnergies SE has emerged as one of the contenders for the assets of AES in Brazil, according to people familiar with the matter, Bloomberg News reports

** Report says TTEF is competing against China Three Gorges Corp and Sao Paulo-based Auren Energia SA ,

** Including sessions move, shares down 9.3% YTD

(Reporting by Tanay Dhumal in Bengaluru)

((Tanay.Dhumal@thomsonreuters.com; Twitter: ))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment